Quantitative Problem: Bellinger Industries is considering two projects for inclusion in its capital budget and you have been asked to do the analysis. Both projects' after-tax cash flows are shown on the time line below. Depreciation, salvage values, net operating working capital requirements, and tax effects are all included in these cash flows. Both projects have 4-year lives, and they have risk characteristics similar to the firm's average project. Bellinger's WACC is 89 0 1 2 3 4 Project A Project B -1,050 1,050 705 320 360 305 200 400 310 655 What is Project Delta's IRR? Do not round Intermediate calculations, Round your answer to two decimal places, What is the significance of this IRR? It is the select after this point when mutually exclusive projects are considered there is no conflict in project acceptance between the NPV and IRR approaches. Review the graphs below. Select the graph that correctly represents the correct NPV profile for Projects A and B by using the following drop down menu. NPV Profiles B ANevis Ch 11: Blueprint Problems - The Basics of Capital Budgeting NPV Profiles A NPVIS 600 500 400 300 200 100+ 6009 5001 400+ 3004 2004 100 25 10 15 $ 10 15 30 30 -100 Cost of Capta Cost of Canals 200 -3001 -4004 -100 -200 300 -4001 NPV Profiles C NPV Profiles D ANPV S 600 500 INPV 000 500 400 300 200 1001 400 3001 2004 100 + S 10 15 10 20 020